Peter O'Neill

@just_cameron Classic humble brag

#QJE Feb 2022 #10, “Quantifying the High-Frequency Trading “Arms Race”: A Simple New Methodology and Estimates,” by Aquilina (@aquilotto978), Budish (@ebudish), and O’Neill (@peteroneill): doi.org/10.1093/qje/qj…

@0xdoug @CrocSwap So the key features are it allows for a mix of Uniswap V2 concentrated liq and V3 bounded liq but with variable fee rates and multiple pools in one contract? There are many other improvements too, but these seem most important for LPs? Can I decide what pairs go into a pool?

1/ After many months of hard work, the @CrocSwap team is excited to finally announce the project we've been working on behind the scenes. The wait is over.

motivation to redo my slides!

@HalSinger It should read, 'specifically [our clients] Google, Apple, Microsoft..'

@pauldadams @aquilotto978 thanks Paul!

4. And finally, not directly about behaviour, but shout out to my former colleagues @aquilotto978 and @peteroneill for this paper on the costs of latency arbitrage in high frequency trading markets. nber.org/papers/w29011

Lots of nice (behavioural) studies in this months @nberpubs Digest...nber.org/digest-0 🧵 Apologies for the very short summaries and lack of handle recognition - it's hard to do a single paper justice in one tweet, so do go and read the digest (or even the paper!)

Our paper on Quantifying the HFT "Arms Race" is now Forthcoming in the Quarterly Journal of Economics.

Recently accepted by #QJE, “Quantifying the High-Frequency Trading “Arms Race”: A Simple New Methodology and Estimates,” by Aquilina (@aquilotto978), Budish (@ebudish), and O’Neill (@peteroneill): doi.org/10.1093/qje/qj…

@AlexanderGerko Context?

@Itsastrange @ProfPCDoherty They're all going to go to @BondUniversity I guess?

@ProfPCDoherty Yet presumably, most of the parents shelling out for their kids to attend those taxpayer funded but discriminatory institutions will want their kids to be able to attend a university?

Sometimes I think about how incredibly easy it was to make money in finance 20 years ago and get mad. Like six people knew what convert arb was! Insider trading was legal until Reg FD! If you could write fifty lines of C to trade treasury futures you made twenty million dollars.

@jasonbaumgartne I appreciate this for my research!

@just_cameron Is henceforth zero then?

A brief pandemic progress report @Nature highlighting the unknowns about the immune response, reinfections and vaccines. "Mask-wearing, hand washing and social distancing will need to continue for some time" nature.com/articles/d4158…

a refresher video explaining America's tax code.

Market structure alert! @Cboe looking to bring periodic auctions to the US; market model has gained traction in Europe, and its fans include BlackRock and other big buy-side firms- wsj.com/articles/cboe-…

@DzielinskiMicha @DuffieDarrell @Stanford Indeed!

A masterclass in delivering a succinct, evidence-based message on a topic of huge importance to financial markets - Keynote Session with @DuffieDarrell, @Stanford at the 2nd #FutFinInfo conference. If you missed it live, you can still watch the video: youtu.be/JWoErNHvTCo

@VickyParkFriend @VickyParkLondon No they won't because the park is frustratingly still closed at 5pm.

A lot of these people cycling into central London returning to work will be coming through @VickyParkLondon it is likely to get very busy we need all park users to be considerate and give each other space

@VickyParkFriend @VickyParkLondon @TowerHamletsNow @metpoliceuk Risks of transmission outside are low to nonexistent slate.com/business/2020/…

Our beautiful @VickyParkLondon open because of the work of @TowerHamletsNow & @metpoliceuk, please keep to the rules so it can stay open

@matt_barrie Sure it is, you win, you get a 12 million portfolio. You lose, you go bankrupt. Asymmetric payoff. It' why strict lending standards exist (in other countries).

@peteroneill Because it's not a call option.

Australian property investing tips 🚀you too can buy 16 properties on a lowly paid job 🚀can never time the bottom 🚀if you sit waiting for falls you miss the boat 🚀anyone can replicate these strategies 🚀use low doc loans (subprime) 🚀cross-collaterialise hard #auspol #ausbiz